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Iron Ore Prices at Lowest Since 2009 on China Pessimism

August 14, 2012

Limited buying interest from top consumer China drove spot iron ore prices to their lowest since December 2009 amid sluggish Chinese steel demand that is averting a rebound in iron ore, even after it has slumped more than 18 percent this year.

Source: http://www.cnbc.com/id/48656254?__source=RSS*tag*&par=RSS
 
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